Crypto Could Decide South Korea’s Election — 16M Voters Hold Coins

36% of South Korean voters hold crypto — and now it's shaping the country's presidential election.

May 4, 2025 - 19:49
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Crypto Could Decide South Korea’s Election — 16M Voters Hold Coins

South Korea is entering a historic election season — not just politically, but also for crypto. According to Point Daily, 16 million people in the country now own virtual assets. That’s a stunning 36% of all eligible voters.

With the June 3 presidential election fast approaching, candidates across the political spectrum are unveiling crypto-focused policies to win over this massive voter bloc.

Why does this matter?

  • Mass adoption meets political influence: When over a third of voters own crypto, policies on digital assets become election-winning strategies.

  • Policy promises heating up: Some candidates are proposing lower taxes on crypto profits, clearer regulations for exchanges, and even government-backed blockchain projects.

  • Global signal: South Korea is often a trendsetter in tech and finance. A pro-crypto government could influence policies across Asia and beyond.

This election could be a turning point not only for South Korean politics but for the entire global crypto industry. As governments worldwide struggle with how to regulate digital assets, South Korea might show what happens when politicians take crypto seriously.

Will crypto investors shape the next presidency? Stay tuned to Trafy.io for updates as this story unfolds.

NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.